Archive for the ‘FHA Mortgages’ Category
Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.
Tags: fha, MIP, Mortgage Insurance
Posted in FHA Mortgages | Comments Off
|
Beginning with FHA case numbers issued on or after October 4, 2010, the FHA is changing its upfront and annual mortgage insurance premium structures.
Tags: fha, MIP
Posted in FHA Mortgages | Comments Off
|
In a near-unanimous vote, the House of Representatives gave the FHA power to raise the monthly mortgage insurance premiums it charges to its borrowers.
Tags: FHA Mortgages, MIP
Posted in FHA Mortgages | Comments Off
|
Starting Monday, April 5, 2010, getting an FHA mortgage will be more expensive. That means you’ll want to give a full mortgage application before the weekend so your lender can register your loan in time for the deadline.
Tags: fha, UFMIP
Posted in FHA Guidelines, FHA Mortgages | Comments Off
|
A quick word to the wise, and home buyers. We all know the tax credit is ending soon, and the “target date” for the majority of folks is April 30th. Well, set those clocks back because if you are thinking of going to go with an FHA loan, mark April 5th down and circle it!…Read the Rest of Article
Tags: fha, FHA changes, fha loan, home buyer tax credit, home buyers, texas fha loans
Posted in FHA Guidelines, FHA Mortgages | Comments Off
|
I’ve been asked this a number of times here in the last 2 months or so, and since I’m preparing to do my second FHA Streamline 203(k), here are the basics of how it works (from HUD). MORTGAGEE LETTER 2005-50 December 29, 2005 TO: ALL APPROVED MORTGAGEES, ALL APPROVED APPRAISERS SUBJECT: Enhancements to “Streamlined…Read the Rest of Article
Tags: fha 203k, fha loan, fha streamline 203k
Posted in FHA Guidelines, FHA Mortgages | Comments Off
|
(via MND) FHA to Raise FICO Requirements, Reduce Seller Concessions, Increase Premiums and Downpayment The Federal Housing Administration (FHA) is not, as some have claimed “the next subprime,” according to remarks prepared for presentation to congress this morning by Housing and Urban Development Secretary Shaun Donovan. Secretary Donovan told members of the House Committee on…Read the Rest of Article
Tags: fha, fha loan austin, fha loan dallas, fha loan houston, fha loan san antonio, fha loans
Posted in FHA Guidelines, FHA Mortgages | Comments Off
|
|
